Agree on the 3 cents doc, but not yet on the "...a miss..."...

Agree on the 3 cents doc, but not yet on the "...a miss..." Amiss perhaps?

We seem just so heavy, and hard to measure these days, with as many exhausted punters here looking to tap out, as there are new ones excited on the potential.
Our Mkt Cap has moved barely $14m since the 144mbbl net Ann, effectively valuing it at USD0.30/barrel (AUD0.40).

Really?!

And I'm sure DW is equally bemused at the lack of traction so far. My thinking was that he was hoping to use any expected FOMO to get the VWAP up enough to go to market again, this side of the outcome, but another billion shares worth of insurance issued at 2 cents or less certainly brings consolidation into play, IMO.

Of course the SOI won't affect Farm out negotiations, and a healthier bank balance might be a good leverage tool to have in those discussions.

In any case RMP, which looked to have initially put Winx at around a dollar barrel derisked, seems to have lost some of it's mojo, and it doesn't look to have come into OEL's radar as worth much at all (although in fairness their story is a more convoluted read).

Anyway, still got a few weeks to go. Hopefully those who got the chance in the last CR/SPP have derisked enough by now to start thinking about letting the rest ride.

Anyhoo GLA... we will all know all these things, soon enough.